PepsiCo was founded in 1965 through the merger of Pepsi-Cola, created in 1898, and Frito-Lay, formed in 1932. PepsiCo is now a global food and beverage company headquartered in New York City with over $66 billion in annual revenue and 295,000 employees. The document outlines PepsiCo's history, brands, competitors, strategies and objectives to increase international sales, improve margins, and manage its stock price.